{"data":{"id":"us-or/ors-701.114","jurisdiction":"us-or","citation":"ORS 701.114","heading":"Change in responsible managing individual or persons exercising control of contractor.","body":"(1) Except as provided in this subsection, a contractor licensed under this chapter shall immediately notify the Construction Contractors Board of any change in the identity, name or address of a person who holds a position with the contractor that is described in ORS 701.046 (1)(h), (i) or (j) or of a responsible managing individual for the contractor as defined in ORS 701.091. A contractor described in ORS 701.046 (2) is not required to report a change in the identity, name or address of a person described in ORS 701.046 (1)(h), (i) or (j).\n      (2) Except as provided in this subsection, if a partner or joint venturer departs from a contractor that is a partnership or joint venture, the contractor must obtain a new license before continuing to conduct activities that require a license under this chapter. A contractor described in ORS 701.046 (2) that is a partnership or joint venture is not required to obtain a new license upon departure of a partner or joint venturer.","path":["17 - Occupations","52. Occupations and Professions","Chapter 701 — Construction Contractors and Contracts"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors701.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"0497aa34e6993612d46925043d9e4d2d4828d71e684bd412be367fbd48a8a565","source_id":"us-or","stale":false,"prev":"us-or/ors-701.112","next":"us-or/ors-701.115"},"notice":"GroundRules: Original legal text. Not legal advice."}